Advanced Gear Shifter Market: Summary

The Global Advanced Gear Shifter System market is estimated to reach USD 17.1 Billionin 2024 at a CAGR of 6.9%. Increase use of X-By-Wire technology, ease and comfort while driving and advantage of accurate and quick responding gear actuation is expected to drive the advanced gear shifter system market during the forecast period. However, reliability and complexity issues are expected to restrain the market during the forecast period. High demand for automatic & hybrid transmission in developing countries, and growth in haptics shifter in future vehicles is expected to become an opportunity for advanced gear shifter system market.

Advanced gear shifter system is a type of electronic controlled system, which is responsible for engagement and disengagement of gear. The advanced gear shifter system identifies when the driver is changing the gear and an electric system operates the clutch and a solenoid actuator in order to operate gear engagement, disengagement, and shifting. Some key players in advanced gear shifter system are ZF Friedrichshafen AG, Stoneridge, Inc., Fujikiko Co.,Ltd., Ficosa Internacional SA, and Leopold Kostal GmbH & Co. KG among others.

Advanced Gear Shifter Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global UAV market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. Based on type, the advanced gear shifter system market can be segmented into Automatic Shifter and Shift-By-Wire (SBW). The segmentation by components includes CAN module, Electronic Control Unit (ECU) and Solenoid Actuators. The segmentation by vehicle type includes Passenger Car, Commercial Vehicle and Electric Vehicle. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Rest of the World, with individual country-level analysis.

Advanced Gear Shifter Market: Report Scope

The report on the advanced gear shifter system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.